Knowledge Keep up to date with the latest in accounting amendments & requirements

factsheets page img

Welcome to our Knowledge Base

Here you will find lots of useful information relating to HMRC guidelines and the latest in guidance.

### filter required to display all posts with 'knowledge' category applied ###

Company changes you must report

Company changes you must report

Certain company changes—like a new registered address, email, or director—must be reported to Companies House promptly. Failure to update records risks penalties and non-compliance with UK

A return to gender rationality in the office? What does the Supreme Court ruling mean for trans people in the workplace?

A return to gender rationality in the office? What does the Supreme Court ruling mean for trans people in the workplace?

In a landmark ruling, the Supreme Court clarified the legal interpretation of the words ‘sex’, ‘woman’ and ‘man’ in Sections 11 and 212(1) of the Equality Act (EA) 2010 with respect to gender

Top 10 skills every business owner should acquire

Top skills every business owner should acquire

Running a business involves wearing many hats. Whether you are just starting out or looking to grow, developing the right skills can make all the difference. Here are ten practical skills that will

Buying a business – a simple due diligence checklist

Buying a business – a simple due diligence checklist

Before you agree to buy a business, it is essential to carry out due diligence. This means carefully checking the facts and risks so that you can make an informed decision. Here is a basic checklist

Pension tax-free lump sums

Pension tax free lump sums

Turning 55 soon? From April 2028, the minimum pension access age rises to 57. If you are planning to draw your pension, you could take up to 25% tax-free. Make informed choices about your remaining

Deferring gains using Incorporation Relief

Deferring gains using Incorporation Relief

Thinking of transferring your sole trader or partnership business into a limited company? Incorporation Relief can help defer any capital gains tax on assets like goodwill. If the entire business is

Changes to tax status of non-UK domiciles

Changes to tax status of non UK domiciles

From 6 April 2025, the remittance basis for non-doms is abolished. A new UK tax regime now applies to non-domiciled individuals, focused solely on residence. New arrivals can benefit from a 4-year

Changes to IHT from April 2025

Changes to IHT from April

From April 2025, Agricultural Property Relief from Inheritance Tax now extends to land under qualifying environmental agreements. This means landowners entering long-term stewardship schemes will not

How should multiple self-employed incomes be treated

How should multiple self employed incomes be treated

Running more than one self-employed business? HMRC will not always treat them as separate. Whether they are taxed as one combined trade or multiple depends on how your activities relate to each other.

Could you extend Child Benefit claim?

Could you extend Child Benefit claim?

Parents of 16-19-year-olds: confirm your child’s continued education or training by 31 August 2025 to keep Child Benefit payments going. Last year, over 870,000 families updated HMRC, most online. It

LET’S GET STARTED!

"We pride ourselves on our exceptional customer service, our proactive approach and our clever use of technology"